Eaton Vance Senior Floating-Rate Trust (EFR) to Issue Monthly Dividend of $0.11 on September 29th

Eaton Vance Senior Floating-Rate Trust (NYSE:EFR) declared a monthly dividend on Friday, September 1st, Wall Street Journal reports. Stockholders of record on Friday, September 22nd will be paid a dividend of 0.109 per share on Friday, September 29th. This represents a $1.31 dividend on an annualized basis and a dividend yield of 10.80%. The ex-dividend date is Thursday, September 21st.

Eaton Vance Senior Floating-Rate Trust Stock Performance

NYSE EFR opened at $12.11 on Tuesday. The firm has a 50-day moving average of $12.04 and a 200-day moving average of $11.64. Eaton Vance Senior Floating-Rate Trust has a 52-week low of $10.76 and a 52-week high of $12.26.

Institutional Trading of Eaton Vance Senior Floating-Rate Trust

A number of hedge funds have recently modified their holdings of EFR. Bank of America Corp DE lifted its stake in shares of Eaton Vance Senior Floating-Rate Trust by 57.2% during the 1st quarter. Bank of America Corp DE now owns 718,032 shares of the company’s stock worth $9,629,000 after buying an additional 261,255 shares during the last quarter. Guggenheim Capital LLC raised its stake in Eaton Vance Senior Floating-Rate Trust by 23.5% in the 1st quarter. Guggenheim Capital LLC now owns 570,646 shares of the company’s stock worth $7,652,000 after purchasing an additional 108,647 shares in the last quarter. Envestnet Asset Management Inc. raised its stake in Eaton Vance Senior Floating-Rate Trust by 515.7% in the 3rd quarter. Envestnet Asset Management Inc. now owns 123,221 shares of the company’s stock worth $1,369,000 after purchasing an additional 103,209 shares in the last quarter. Claraphi Advisory Network LLC acquired a new stake in Eaton Vance Senior Floating-Rate Trust in the 4th quarter worth about $745,000. Finally, Advisors Asset Management Inc. raised its stake in Eaton Vance Senior Floating-Rate Trust by 131.1% in the 4th quarter. Advisors Asset Management Inc. now owns 101,573 shares of the company’s stock worth $1,111,000 after purchasing an additional 57,630 shares in the last quarter.

About Eaton Vance Senior Floating-Rate Trust

Eaton Vance Senior Floating-Rate Trust is a closed-ended fixed income mutual fund launched and managed by Eaton Vance Management. The fund invests in the fixed income markets of the United States. It primarily invests in senior, secured floating rate loans. It benchmarks the performance of its portfolio against the S&P/LSTA Leveraged Loan Index.